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grantg2

12/13/06 11:17 AM

#14536 RE: king oil #14497

OT: GEO928... from your posts, I see you are somewhat impatient & want action... patience & long term potential fortunes unappealing to you and stressing you out.

I have a few suggestions for the future... you would do well to consider them...

I suppose MOMO type stocks are best for you... rub is how do you tell ahead of time... you can get locked into things like USSE and end up where you are.

If you prefer to stick with pennys & pinks, you might just need meds... *S*(joking)

BUT you might also profit from a strategy for investing offered by Julie Stav in her book "get your share"... she offers a plan for buying on momentum & new highs, has a screen n her website for alerting you to candidates to watch/buy, etc...

also you might want to go to RB clktf board... 73-yo fellow there name of solar2005goose posted me some msgs about how he plays MOMO on stocks just like USSE, CLKTF, & CFRI... aside from a core position he buys to hold because of the possibility of sudden ballistic up-moves & what he perceives as underlying value... he looks at previous highs that have had large retreats... like the .84 for USSE...

he will watch.... & watch... & keep watching... UNTIL the stock moves strongly thru that price by 5-10% & buy in on that MOMENTUM move up from the previous HIGH. Never anticipate the move thru... you can get caught retreating from a double top after failing to move higher! HIS YEARS of experience has proven to him THAT is THE BREAKOUT MOVE... maybe not scientific, but I am now monitoring his experience with some of my own stocks: planning to use his method to play a few risks that I do NOT have the confidence in that I have with USSE & CLKTF.

In the case of USSE, he would end up NOT owning 400K at .20 with the dead time to whenever it gets noticed and moves... he would be very satisfied buying 100K somewhere under a dollar as it begins a strong move to the 3-5 & beyond level.
Sounds like a good plan IF you do not have the patience to wait a stock out!

GLTY